1061 Sawmill Lane, Lake of Bays

$2,499,000
1061 Sawmill Lane

$2,499,000

New
65d
DetachedBungalow

1061 Sawmill Lane, Lake of Bays

Total Monthly Obligation $11,190

Beds
5
Baths
5
Park
6
Sqft
2000-2500
DOM
65d
Yield
1.7%
Cash on Cash
-15.7%
Cap Rate
1.2%
5Y IRR
3.4%
10Y IRR
5.3%
Property Type-Detached
MLS® Number-X13690968
Beds-5
Bathrooms-5
Size-2000-2500 sqft
Lot Size-220 × 201 ft
Listed on site-Aug 19, 2026
Style-Bungalow
Building Type-Detached
Taxes-$8,821.88 (2026)
Parking-8 - Attached
Basement-Finished with Walk-Out
Heating-Forced Air (Propane)
Brokerage-Harvey Kalles Real Estate Ltd.
Cooling-Central Air
Laundry-No
Fireplace-Wood, Propane
Pool-None
Facing-South
Exterior-Brick, Wood
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Septic
Possession-Flexible
Neighbourhood-Sinclair
Title-Residential Freehold

No agent assigned

220' of southwest-facing shoreline on Peninsula Lake, a sandy beach with all-day sun, and a single-slip boathouse set the stage for this four-season lake property. The generous, level waterfront creates a natural setting for swimming, lawn games, afternoon lounging and watching the lake unfold from the shore, with plenty of room for everyone to spread out. The main level spans more than 2,300 sq. ft. with semi-open-concept living areas designed around the lake views. The bright, spacious kitchen has plenty of workspace for multiple cooks to work side by side comfortably, and the dining room opens onto a deck where meals can be enjoyed overlooking the water and lake activity. The living room features a wood-burning fireplace and large windows that bring the lake into the principal living spaces. The primary bedroom wing is separate from the other bedrooms in the cottage, with more than 600 sq. ft., including a spacious bedroom, a modern 5-piece ensuite, and a private office-two additional bedrooms and an updated 3-piece bathroom complete the main level. The walkout lower level offers plenty of room for larger families and extended stays. Two additional bedrooms include one with a private 3-piece ensuite, a large window and lake views, while the second is large enough for two sets of bunk beds and space to play. A recreation room, two additional bathrooms, two den or flex spaces and generous storage add flexibility. Peninsula Lake forms part of the Huntsville 4-lake chain, allowing you to boat through the connected lakes from your dock. Serviced by a forced-air furnace and equipped with a generator, the property is accessible year-round and is being sold turn-key with almost everything included. Easy highway access puts Dwight and Huntsville within easy reach, with Limberlost Forest, Hidden Valley Ski Area, and several golf courses also nearby.

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Closing Costs

Mortgage Amount
$1,999,200
Land Transfer Taxes$48,950
Legal Fees (Est.)
$
Total cash required for closing$550,250

Total Monthly Obligation

$11,190/mo
Mortgage $10,080
Monthly Loss $8,538
Principal$2,653
Interest$7,428
Property Tax$735
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1061 Sawmill Lane

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